what's internet computer?
The Internet Computer is a blockchain project developed by the DFINITY Foundation, designed to serve as a decentralized alternative to traditional cloud computing infrastructure. Its primary purpose is to enable smart contracts, known as canisters, to run at web speed and scale, directly hosting and serving interactive web content to users' browsers without relying on centralized servers. Key features include the Network Nervous System (NNS), an on-chain governance system that allows token holders to vote on network proposals in a permissionless manner, ensuring decentralized control. It supports seamless interoperability with other blockchains through Chain Fusion technology and emphasizes security by replicating computations across multiple data centers. The project aims to power a new generation of decentralized applications (dapps), DeFi services, and enterprise systems, fostering an open internet ecosystem. Recently, it has gained attention in the DePIN (Decentralized Physical Infrastructure Networks) narrative, ranking highly in mindshare for its role in enabling canister-based computing and storage rentals.
Internet Computer recorded $220M whale inflows, new exchange listings, and ransomware group adoption.
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Experienced 750K ICP minting spike in February 2026.
Burned 2.5M+ tokens year-to-date through February 2026.
Reached 3M Internet Identities milestone.
Ranked 8th in top gainers with a +23.62% price increase on February 27, 2026.
Bitwise filed for an Internet Computer ETF, pending regulatory approval.
Launched AWS-level cloud infrastructure featuring one-click deployment of customizable cloud environments with AWS-like UX including controls such as S3 buckets, but on a decentralized network.
Economic model update rolling out on February 21, 2026 allocates 80% of cloud engine revenue to node providers and 20% to ICP token burns.
Ranked 2nd in AI & Big Data development activity by Santiment's methodology, based on GitHub commits and contributor count.
Featured in a thread listing seven established AI infrastructure projects positioned for future AI demand, highlighting its decentralized compute and AI hosting capabilities onchain.
Achieved maximum throughput of 25,621 transactions per second measured over 100 blocks, ranking fifth among major blockchain networks in this benchmark.
Swiss Subnet went live with 13 independent node providers across Switzerland and Liechtenstein ensuring data sovereignty.
Reached 1,000+ Diode Collab Zones running on Internet Computer, representing a privacy-first communication platform milestone.
Has partnerships with Deutsche Telekom, Swiss Post, and Internet Identity Labs.
Signed MOU with Pakistan government for sovereign cloud infrastructure, including a Pakistan-specific subnet for in-country data residency, Caffeine AI licenses, and a national messenger service.
Ranked 3rd among crypto projects by development activity over the past 30 days according to Santiment's GitHub repository analysis methodology.
Launched Caffeine AI Engine V2, with V3 scheduled to ship within weeks of February 9, 2026.
Reached hundreds of thousands of unique builders using the platform monthly.
Experienced over 50% crash during the February 5, 2026 market downturn, placing it among "ETH killers" like AVAX and NEAR.
Recorded $220M in whale inflows over a 24-hour period on 2026-01-23, ranking second among major crypto projects by whale accumulation volume.
CKUSDT and CKBTC listed on MEXC with zero fees.
World Computer Day announced for Davos.
ALPHV ransomware group announced plans to use Internet Computer Protocol (ICP) blockchain for ransomware leaks and negotiations, stating they chose ICP because it can run smart contracts on servers.
Current cycle burn rate stands at 0.05 XDR/second with target to increase to 0.77 XDR/second.
Featured in HTX's Wealth Torch Futures Contest alongside SOL, UNI, ZEC, and WLFI with $50K prize pool and $10K gold bar grand prize.
Exchange supply decreased by 3.7% in 7 days as ICP moved to self-custody.
40% of ICP supply is currently staked.
Deployed over 10,000 new canisters in the first 5 days of 2026.
Mission70 white paper unveiled, planning a 70% token inflation reduction for 2026.
Plug Wallet web version now live.
Reached 1,640,711 holder addresses for the ICP token.
Launched Internet Identity 2.0 with fully passwordless, privacy-preserving authentication in 2025.
Rolled out major NNS governance upgrades in 2025, including maturity disbursement and privacy mode.
Launched native Dogecoin canister with trust-minimized on-chain DOGE interactions in 2025.
Provides Ethereum key management support for Curve Finance.
Shipped Chain Fusion and canister upgrades
Achieved sub-50ms block times in December 2025
Reached Magnetosphere milestone, launched first TEE subnet using 7 AMD SEV-SNP-enabled nodes for hardware-backed confidentiality, encrypting smart contract state and computations in memory.
ICP ranks #3 in overall crypto development activity for the past 30 days based on Santiment's GitHub methodology, with rank rising since the previous month.
Caffeine AI app-builder launches on ICP canisters with partner apps already shipped; daily cycles consumption and canister count hit 2025 highs while grants fund dozens of teams.
ICP generates $215K in 30-day revenue, ranking 11th among AI cryptocurrency projects in a comparative revenue analysis.
Trader seeks to borrow low 8-figure amount of ICP tokens (tens of millions of dollars) explicitly for market manipulation and shorting purposes.
VanEck forecasts ICP revenues to reach $4.2B by 2030 from current $500M, ranking it among top 5 AI crypto projects in their analysis.
OISY wallet releases v1.8.04 with improved swaps and signer performance; Liquidium partners with NodeStrategy for BTC treasury yield routing; ICPay demonstrates AI agent earning crypto for solving math problems; World Computer Hacker League announces winners.
Santiment ranks Internet Computer as leading developer activity among AI and Big Data crypto projects, alongside Chainlink and NEAR.
Ranks #1 in development activity by Santiment's GitHub analysis in February 2026.
Dfinity participates in Abu Dhabi Finance Week 2025 Web3 Leaders Roundtable on December 10 with BlackRock, Franklin Templeton, DTCC, Circle, Tether, and global regulators, producing a joint policy report for 50+ jurisdictions.
ICP partners with UNDP (United Nations Development Programme) on UTC initiative involving MAS (Monetary Authority of Singapore).
Network achieves 94 TB of replicated on-chain storage distributed across 47 subnets at 2 TB per subnet, doubling capacity since August.
ICP unveiled Caffeine, an AI app-builder platform, in November.
ICP now ranks among top coins by social dominance (mindshare), having entered this category within the last 3 months.
ICP achieves 100% neuron transparency with all 420,000+ neurons in the Network Nervous System now publicly indexed and accessible, enabling full transparency into staking and voting data.
ICP drops -17.5% in 24 hours, ranking 9th among tokens with $1B+ market cap by 24-hour price decline.
ICP confirms retest after breaking out from a technical level.
Santiment ranks ICP as the #4 cryptocurrency by development activity based on 30-day GitHub data, with rank declining from previous month.
ICP gains +57% over the past 30 days, ranking among the top 5 crypto gainers during a period characterized as brutal for most tokens.
ICP ranks as the #1 weekly crypto loser for the week ending November 17, 2025, according to CoinMarketCap data.
Nova social app completes transition to full community ownership through DAO structure, implementing decentralization swap for voting rights.
ICP records -10.84% decline on Nov 15, ranking as one of the biggest losers among crypto assets over 24 hours.
Price breaks below $6 level, with traders characterizing the recent rally as a pump and dump pattern.
Launched enhanced AI app-builder Caffeine with easier ICP deployment and Cloud Engines for custom node selection by country and compliance.
Odin_GodOfRunes, an ICP-based platform for trading bitcoin memecoins, reports 320k users and $1.11B total volume since January 2025.
ICP posts +25% gain over 7 days, ranking mid-tier among AI tokens with FIL leading at +69.38% and NEAR at +40.85%.
Price surges +240% over 6 days, with the move attributed to an "old coin squeezing" narrative spreading to AI/storage coins including FIL, NEAR, AR, STORJ, and FET.
ICP gains 80% over the past 7 days, leading AI altcoin price movements alongside other tokens including FIL (+73%), FET (+69%), NEAR (+42.8%), and RENDER (+23.5%).
ICP leads DePIN projects with 4.08M social interactions, nearly 3x more than second-place Filecoin at 1.59M.
ICP is now available to trade on Grvt exchange alongside Filecoin. The AI sector gained 15.5% and added $4.1B in market cap during the week, with ICP mentioned among established AI projects driving the rebound.
New ICP/INR trading pair launches today, expanding access to the Indian crypto market as part of 4 new INR pairs added to a trading platform.
ICP flips TAO to become the largest AI project by market cap at $3.8 billion as DFINITY reveals its "Caffeine" app, which enables agentic self-writing applications.
ICP futures trading launches with up to 10x leverage on EVM and Solana platforms.
ICP gained 235% between November 1-8, 2025, representing one of the largest altcoin moves of the month.
ICP ranks as #2 top daily crypto gainer on November 10, 2025 according to CoinMarketCap.
$8.40 identified as key resistance level that must be reclaimed for advance to new highs following a lower timeframe bounce from support.
Motoko language adds seamless cross-language interoperability with Candid interfaces, eliminating manual coding for blockchain canister-frontend communication and auto-generating interfaces for developers.
A trader claims ICP exemplifies an AMD (Accumulation, Manipulation, Distribution) pattern with October activity being manipulation and the market now entering the distribution phase.
ICP becomes available for trading across all Based Terminals platforms.
5x leverage trading (long and short positions) is now available for ICP by community request.
Price trades at almost $10, breaking through the $6.70 weekly resistance level identified in previous timeline.
Volume continues to grow while price gains exceed 100% over the past week, with one trader reporting 159% returns from their initial entry point.
Traders express negative sentiment, referring to DFinity as "Dino trash" and sarcastically questioning claims about the project being undervalued.
Trader enters ICP position noting the token spent majority of the day grinding down and consolidating despite 14% gains, while the rest of the market rallied.
ICP ranks #1 among crypto's top 10 AI & Big Data projects by development activity according to Santiment's github activity methodology.
Technical analysis identifies $6.70 as key weekly resistance level for potential breakout. ICP trades alongside other old school AI tokens (NEAR, FIL, FET, RENDER, AR, STORJ, AKT) in sector rotation.
ICP breaks down from a large triangle pattern and retests it as resistance, marking a bearish technical development.
The release of Caffeine AI drives ICP's 150%+ weekly surge, bringing whale investors to the project and causing a technical breakout. ICP ranks among daily top gainers while remaining strong despite Bitcoin's decline.
ICP lists partnerships with UNDP (United Nations Development Programme) and MAS (Monetary Authority of Singapore) among its real-world partnerships. The token ranks #1 among weekly top gainers with +183.29% performance.
Multiple research reports on ICP are published and discussed in investment memos, while trading scanners flash buy signals for the token.
ICP records $1.3 billion in 24-hour trading volume, ranking 8th highest in crypto excluding stablecoins. The token ranks #2 among daily crypto gainers on July 11, 2025, with continued inflow of $301K on Base network amid a 128% gain over 7 days.
ICP ranks #1 on LunarCrush AltRank, which tracks combined social momentum and market performance among crypto projects.
ICP ranks as one of the top performers during altseason, appearing on multiple lists alongside only 4-5 other coins (ZEC, DASH, FIL, DCR, ZK) outperforming the broader market.
ICP gains 89% over a 72-hour period according to trader performance reports.
Dfinity launches CaffeineAI to the public, a decentralized AI solution.
ICP gains 36.21% in 24 hours on November 6, ranking as the 3rd biggest gainer across all cryptocurrencies.
Galaxy Research reports ICP shows the steepest decline from all-time highs among major tokens in the top 100 cryptocurrencies. ICP ranks among top daily gainers with a bullish ascending triangle breakout pattern.
ICP is among only 17 of the top 100 coins showing positive returns over the last 90 days.
50% of total supply is currently staked on the network.
Price increases 23.018% making it the top performer among top 100 coins by market cap, and social mentions hit a 52-week high of 7,644.
a16z annual report drives AI agent surge that benefits Caffeine AI, while project outperforms all Layer 1 blockchains.
Ethereum's ERC-20 co-creator Fabian expresses excitement about ICP recognition and calls it "great infrastructure," while Odin Fun announces multiple feature releases coming soon.
Price retested $3.60 support level after breakout and accelerated upward following successful retest. ICP identified as exception to bearish altcoin outlook alongside ZEC and DASH, exempt from recommended short positions on altcoins.
Caffeine technology launches to enable AI-powered self-writing apps where agents code applications, while SNS DAO Vote completes to operationalize autonomous DAO governance for dApps, with these developments identified as catalysts for 90% weekly rally.